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AT&T and Intuit square up to... Square (video)
Better watch your back, Jack. Smartphone-payment player Intuit has formed an unholy alliance with AT&T to produce Intuit GoPayment for AT&T (these guys love the sound of their own names) in the hope of muscling in on Square's burgeoning smartphone mobile payments game. Time and money-poor small business people just need to insert the reader into the headphone socket of their phone (or tablet) and fire up the app. The partnership is offering faster deposits, no monthly service charge (mind that 2.7 percent commission per use, though) and the backing of a massive telecoms corporation. The service also forwards email receipts to customers and integrates with Quickbooks to save a further job when it's the end of quarter. The partnership thinks that mobile transactions will be in the trillions and, understandably, want in on that action. After the break you can watch an informative video and read all the gory details in the joint press release.
Square ditches $1,000 per week limits, has 800,000 merchants processing $2 billion per year
Until now, when a merchant using Square racked up over $1,000 in payments in the course of a week, everything above that limit was held for a period of time, ranging from just a few hours up to a whole month. As of today, roughly a year and a half after the company's founding, that restriction has been lifted. Now all payments will be processed immediately and merchants will have access to the funds the next day. Square also announced that, in the year or so since it started offering its wares to the public, it has signed up 800,000 merchants who have processed over $2 billion in transactions. After ditching the $0.15 per-transaction charge and with the $1,000 per-week restriction limit lifted, we're sure those numbers will only increase in the year ahead.
Developers get Google Wallet on original Nexus S, squares wiping your phone with $10
Previously the exclusive phone-swiping domain of Sprint's Nexus S 4G, it now seems possible to get the wonders of Google wallet on its decidedly 3G predecessor. However, it's not an operation for the faint-hearted. If the words Cyanogen, full wipe, flash and kernel resemble white noise, it's probably worth waiting for an official release. See how the forum members at XDA Developers got their NFC wallet fix at the link below. [Thanks, John]
Card.io launches visual credit card scanner on Android, shares the mobile payment love
Already in use on iOS, Card.io offers a lightweight alternative to Google Wallet, using your phone's camera to glean payment details; and it's now winging its way to your Android phone. It may not have that phone-tapping appeal of Google's contactless payment system, but the app SDK (available now) skips the laborious process of entering your details number-by-number, booting up your camera and delivering your precious banking details to third-party merchants. You can check the video after the break for a (really brief) walkthrough, or click on the source below to give the Android demo a go.
Engadget giveaway: win one of five Nexus S 4G phones with $1,000 Google Wallet credit!
We're pretty excited about Google Wallet, but the service is currently only available for Nexus S 4G phone owners, leaving most of you waiting for broader implementation. Well, how would you like to skip the line, getting to test it out on a Nexus S 4G of your very own? Google has supplied us with five phones to give away -- the company is even throwing in $1,000 (yes, one THOUSAND dollars) of prepaid credit to help fund those first few dozen taps. There's one catch: you'll need to use your Nexus S 4G with a Sprint plan, though the carrier is throwing in one month of demo service to get you started. Check out our in-depth preview for a detailed look at the service, and simply leave a comment after the break to be entered to win -- after checking that you meet the entry requirements, of course.
Polyamorous Google Wallet adds Visa to its arsenal
To the delight of shopaholics everywhere, Visa has announced that it's jumped on the Google Wallet bandwagon -- giving card users access to the snazzy, new NFC payment system. Much like MasterCard's announcement last week, the licensing agreement will allow Visa users to link their credit, debit and prepaid cards to Google's offering for fast mobile payments in places that accept the service. The credit card company has dabbled in mobile payments before through payWave, but with plans to integrate into GW, we'll surely be seeing more of it in the near future. As momentum over the NFC-powered mobile phones grows, it will be interesting to see if the Real Housewives can part with their phones long enough for their assistants to pay for those Manolos. Check out the full PR after the break.
A week with Google Wallet (video)
Contactless payments have been something of a curiosity in the credit card industry. MasterCard's PayPass has been around for the better part of a decade, but merchants and banks alike seem hesitant to adopt the technology required to make the system work, and inconsistent implementation adds to the confusion -- particularly for customers. Google's new mobile phone-based Wallet service has the potential to transform the technology from its current status as a transaction turkey, to a future as a checkout champion. But will it work? We spent a week with a Wallet-enabled Nexus S 4G, using the device to pay whenever we encountered a MasterCard PayPass terminal. Unfortunately, that wasn't often enough, limiting us to just a handful of transactions in the first week. Still, with Google just beginning to roll out the service and only a limited selection of launch partners ready to go, it's impossible to deliver a complete verdict just yet. Jump past the break for an inside look at Google Wallet, including a video of the service in action, and a brief look at what the world of contactless payments may look like in the future.%Gallery-130759%
PayPal to add mobile payment features, hopes to redefine how we shop (till we drop)
Like the side ponytail craze of the '80s, the newest trend is turning out to be the mobile wallet -- especially as major players like Google, MasterCard, Verizon, Discover and now PayPal board the bandwagon. Our old buddy -- best known for its love affair with eBay (and ripping our own Darren Murph off a solid two large) -- has plans to implement new payment features primarily for (but not limited to) mobile. On the to-do list are things like QR / barcode scans, hyper local deals, fast checkout via NFC, etc. The company is adamant that it's not "just shoving a credit card on a phone," but rather planning to change the whole shopping experience. We'll know more when PayPal releases more details in early October, and when it launches the pilot product sometime later this year. Until then, check out the semi-cryptic video while brushing up on old episodes of SuperMarket Sweep after the break.
Verizon to offer Intuit's GoPayment in retail stores, free after rebate
There's nothing worse than missing out on your favorite street meat because you've only got plastic. But even smaller vendors may soon be able to process that dollar hot dog with a credit card, as Verizon Wireless is making Intuit's GoPayment card reader available in its 2,300 retail stores. The small business-friendly machine plugs into a BlackBerry, Android or iOS device to transform the smartphone or tablet into a credit card processing machine using a free app. After a $30 mail-in rebate, the hardware is free with no monthly fees and a 2.7-percent fee per transaction. Merchants who upgrade to the premium version for $12.95 per month will only have to fork over 1.7-percent fee per swipe, bringing the net income on that dollar tube of processed meat to just over 98 cents. Plus, Intuit is throwing in two months gratis for the paid version. Check out the full PR after the break, and don't forget the ketchup and mustard.
Square app update lets iOS users buy cookies on credit, sans signature
Heads up, card swipers, because Square has just issued an update to its iOS credit card app. Version 2.1 brings enhanced transaction speeds and a streamlined tipping interface to iPhone and iPad users, along with added support for $0.00 price points. Plus, any purchases below $25 will no longer require a signature, meaning you can safely buy that latte while keeping human interaction to a bare minimum. If you're interested in making the jump, hit up the source link below. [Thanks, Chris]
ERPLY's mobile credit card reader handles NFC payments on an iPad, obliterates the check-out line
It may look like nothing more than a glorified chip clip, but that dongle at the bottom of this guy's iPad is actually ERPLY's new credit card reader -- the latest addition to a growing field of NFC and mobile payment devices designed for small and large businesses. Once attached to an iPad's charging port, the peripheral will send a user's encrypted credit card information to ERPLY's point-of-sale and inventory management software, allowing customers to purchase products on the store room floor and giving retailers the ability to monitor transactions and stock flows in real time. Available for $50 (with a transaction fee of 1.9 percent), the reader is also equipped to handle both NFC and traditional card payments and, after processing a purchase, will automatically send a receipt to consumers via text or e-mail. At the moment, it's only available for the iPad, though iPhone users should be able to get their own version within the next three months. Swipe past the break for more information, in the full press release.
Cirque's GlidePoint NFC trackpad makes online shopping even lazier (video)
We've seen NFC technology pop up in everything from smartphones to windshields, but a company called Cirque has now expanded it to desktops, as well, with its GlidePoint trackpad. Cirque's system is relatively straightforward, consisting of its GlidePoint module (with an onboard NFC antenna) and a simple touch sensor. With these two elements working in harmony, users can scan a compatible card by hovering it over the module, while simultaneously using the trackpad to execute onscreen functions. The company has applied the same concept to its proprietary glass touch panel, as well, which could be integrated at payment terminals, or within tablets and touch-based smartphones. It remains unclear whether we'll see this kind of technology pop up on the commercial level, but for more details, check out the demo video after the break, followed by the full press release.
iPhone 4 gets upgraded for NFC payments the hard way
Softbank customers in Japan can simply get an NFC sticker to add some contact-less payments to their iPhone 4, but most folks don't have it quite so easy just yet. There are some alternatives while you wait for Apple to hop on the NFC bandwagon, however, like this solution from Unplggd's Vivian Kim. It uses one of the smaller NFC-equipped credit cards now available from some banks, which is apparently just small enough to fit under the back cover of an iPhone 4 (a clear one, in this case, to show off your cleverness). And, yes, it apparently still works just fine under there -- even if you add a case on top of it.
Netswipe turns your webcam into a credit card reader, brings POS payments to the desktop
Credit card fraud costs the banking industry billions of dollars every year, and with companies yet to find an entirely secure system for processing payments online, there's no end in sight for unauthorized transactions. Jumio hopes to bring both security and convenience to the world of online payments, however, with its webcam-based Netswipe secure card reader solution. The system replicates the point of sale (POS) transactions you experience when making in-store purchases, prompting cardholders to scan the front on their credit card, then enter their CVV code using a tamperproof mouse-controlled interface. We're not sure how the software is able to distinguish a physical credit card from, say, a photocopy of a card, but it certainly sounds more secure than the standard input form we use today. It also reduces card number theft from insecure forms and website spoofing, by verifying details through a live video stream. Jump past the break for the full press release, along with video overviews of Netswipe and Jumio, which recently secured $6.5 million in initial funding and is backed by Facebook co-founder Eduardo Saverin.
Card.io SDK takes swipe at competition with camera-enabled mobile payments (video)
In an attempt to edge its way into the crowded mobile payments market, a new credit card scanning system is saying "ah, hell no!" to typing and swiping. Card.io is billed as an SDK that takes advantage of smartphone cameras to let devs accept credit, because, as its creators point out, "typing on mobile phones is slow, and most consumers don't have a separate hardware attachment." When it's time to pull out the plastic, Card.io gets your phone's camera going, and up pops a little green rectangle, in which you frame your card and snap a pic. Your credit card info is then processed by a third-party merchant, and the details are subsequently deleted from your phone. Can you hear that? That's the sound of our chubby thumbs breathing a sigh of relief. The Card.io SDK for iOS is now available at the source link below, and an Android version should be close behind. For now, hop on past the break for a video demo.
NetSecure Kudos Payments announced for Canada, is the half-circle to Square
Canada may be moving to polymer-based currency, but mobile payment services like Square -- which cater to classic plastic -- haven't yet taken time to trek to the Great White North. NetSecure is looking to offer similar convenience to the region with its new Kudos Payments service, which just so happens to ship with a shockingly curvy swiping dongle. Similar to Square, it creates a secure 'point of sale' without a hard-wired transaction terminal, and charges a slightly higher 2.9-percent fee to users' accounts for each exchange. Kudos has iOS, Android, and Blackberry apps to tap into the functionality and, even a version for Mac and PC -- in other words, you and yours should be suitably covered. Any roving entrepreneurs who are interested in the service will be able to snag the $49.99 kit free of charge from the company's website for a "limited time," which may or may not expire before Google decides to open its own Wallet a few miles kilometers north.
Sony promises global PSN restoration by week's end, except in some parts of Asia
It looks like Sony's long, PSN nightmare is finally coming to an end -- almost. Today, the company announced that it will restore PlayStation Network and Qriocity services in the Americas, Europe and most of Asia by week's end. The only exceptions are Hong Kong, South Korea and Japan, where users will have to await further details before regaining full access. Speaking to the Wall Street Journal, spokeswoman Yuki Kobayashi added that Sony is in the process of finalizing an agreement to protect credit card owners in these three countries, where authorities have taken a particularly cautious approach to the data breach. This means that the company won't see global restoration by the end of May, as previously hoped, but Kobayashi said the plans were delayed simply because Sony needed more time to fully secure its infrastructure (sound familiar?). You can read a lengthier explanation in the press release after the break.
Square Register and Card Case hands-on
It looks like Square's little headphone jack-connected credit card reader has some company. The mobile payment startup introduced two new additions to its unique stable of payment options in San Francisco this morning that do away with credit cards, paper receipts, and even the bantam reader itself (to some degree). First up is the Square Register, an app that allows merchants to accept payments by way of the card reader or through a card-less (no, it's not NFC) tab -- like, "put it on my tab" -- system, and uses Google-style analytics to keep track of payments, receipts, and trends. The second announcement, the Square Card Case, is a virtual wallet that holds a series of "cards," each relating to a participating outlet, that let you put your purchases on the aforementioned tab. Each shop has its own virtual credit card, and enables shoppers to make and track purchases with a single click of a button. We got a chance to give the setup a try, and it's just about as simple as Square would have you believe. To get started, you make a regular, Square-enabled purchase at a participating store, at which point a text-message receipt is sent to your phone that prompts you to install Card Case -- we skipped this step, as this was just a demo. Once set up, we were introduced to the Card Case, holding cards for the participating stores -- only 50 spots in five cities, for now -- and an "Explore Places" button that offers access to a directory of participating outlets. We selected a nearby cupcake stand, clicked "open tab" and picked our poison: a miniature red velvet cupcake, in this case. The merchant picked our name from a list of open tabs, charged the tiny treat to our card, and a receipt was promptly pushed our way. After the transaction was complete, we went back to the cupcake card in the Card Case, and there was the receipt. All in all it was a painless process, but, then, so is whipping out a real wallet to make a purchase. The new Square setup is available now at 50 different establishments in New York, LA, Saint Louis, San Francisco, and DC, and the company says it will curate the list of participating stores, much like Apple does apps.
A second breach of Sony's internet security? [Updated]
We have all heard that Sony's PlayStation Network was compromised nearly two weeks ago. The online services for the PlayStation 3 have yet to recover or come back online since the incident. This morning, Sony's PR director Patrick Seybold claimed that there was no truth to the rumor that credit card information was stolen by hackers. However, SOE cautioned gamers to be vigilant nonetheless. It has now come to light via Nikkei.com that there was a reported second security infraction in Sony's gaming network. Nikkei claims that nearly 12,700 credit card numbers were stolen from Sony Online Entertainment this past Sunday in a second attack. As we reported this morning, all SOE sites have been brought offline because of "an issue that warrants enough concern for [SOE] to take the service down effective immediately," according the the site. Michele Sturdivant, a spokeswoman for Sony, countered this allegation in The Wall Street Journal. "We temporarily took down SOE's services as part of our continued investigation into the external intrusion that occurred in April," Sturdivant affirmed. "This is not a second attack." [Update: SOE has posted a security update to The Station.com. "We are today advising you that the personal information you provided us in connection with your SOE account may have been stolen in a cyber-attack. Stolen information includes, to the extent you provided it to us, the following: name, address (city, state, zip, country), email address, gender, birthdate, phone number, login name and hashed password." The notice further suggests that "information from an outdated database from 2007 containing approximately 12,700 non-US customer credit or debit card numbers and expiration dates (but not credit card security codes) and about 10,700 direct debit records listing bank account numbers of certain customers in Germany, Austria, Netherlands and Spain may have also been obtained" but that the "main credit card database" was not compromised in the attack. It appears this is part of the larger PSN attacks and not a separate security breach.]
Sony: 'No truth' to story of credit card information sale
During the marathon late-night press conference this weekend, Sony cleared up plans for the reactivation of PSN and the nature of the attack that led to its being taken down. What it didn't clear up was the status of users' credit cards. Responding to rumors that credit card numbers were offered for sale on forums -- and even presented to Sony in an attempt to get the company to buy it back -- SCEA PR director Patrick Seybold said that "to my knowledge there is no truth to this report of a list, or that Sony was offered an opportunity to purchase the list." It's not quite a categorical denial of credit card information being leaked -- but at least it's confirmation that nobody's trying to extort Sony with it. Seybold reiterated what Kaz Hirai said Sunday morning: that nobody from Sony will contact you seeking any ID. Should someone do so, they are up to something nefarious.
